LTR 1.71% 86.0¢ liontown resources limited

Ann: Kathleen Valley Lithium Resource jumps 353% to 74.9Mt, page-48

  1. 1,674 Posts.
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    Nice JORC, but lets be honest, the 'lenses' of mineralisation doesn't really start until 100m of rock is removed. And the better stuff outside of the conceptual pit needs about 200m of waste rock to be removed.

    The feasibility study IMO will have a 15/1 or 20/1 strip ratio for the LOM, and there will be no opportunity to reduce that in the cash costs.

    All IMO -> DYOR.

 
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